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Conan O'Brien, NBC Reach $45Mil Settlement

1/21/2010 9:28 AM PST BY TMZ STAFF

Conan O'brien reaches settlementConan O'Brien and NBC worked out their final conflict hours ago and have reached a $45 million settlement ... and we've learned it's a sweeter deal for Conan than anyone thought.

Network sources tell TMZ the "mitigation" clause was taken off the table. Translation -- Conan will get a severance of $32.5 million, regardless of whether he gets another hosting gig. Not bad for seven months work.

As we first reported, NBC will pay $7.5 million to Conan's "Tonight Show" staff -- and our sources believe the network added several thousand more to the pot at the last minute.

In addition, NBC will pay a whopping $4.5 million to the executive producer.

Conan has agreed he will not take another hosting gig 'till September at the earliest.

Conan's last show is Friday. We're told NBC hasn't decided who will replace Conan for the period between Monday and the Winter Olympics.


remembering Conan O'Brien

123 COMMENTS

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76.

TMZ Staff    

Mike's possible mystery baby mama, all we wanna say is that they
don't really care about her, we're here to remind you!
http://www.youtube.com/watch?v=EXYmVSCk7DY

1703 days ago
77.

Jill Kennedy    

I think now the media is going shift its focus to Letterman vs. Leno - who will win the late night ratings war?

http://mankabros.com/onmedea/2010/01/letterman_vs_leno.html

Probably Leno.

1703 days ago
78.

TORI    

TO PAY THIS GUY THIS KIND OF MONEY IS CRIMINAL. HE'S NO BETTER THAN ANYONE ELSE OUT THERE AND PEOPLE ARE STARVING ETC. NO ONE IS WORTH THAT KIND OF MONEY, WHOMEVER THOUGHT HE OR ANYONE IS WORTH ALL THIS MONEY IS NUTS!!!

1703 days ago
79.

babette    

How much severance pay does Andy Richter get in the Conan/NBC settlement?

1703 days ago
80.

tehheh    

Mr. Slim: You go blow dead fish!
Buy an ad or start a blog if you want to complain about fat people. This is an entertainment news Web site.
I'm telling all my friends to eat everything they can find so all the skinny people (especially you) die from starvation. And if we can't get you that way, then we will just sit on your head until your brains ooze out of your ears.
I think Kristie Alley, Carnie Wilson and the entire cast of "The Biggest Loser" would seriously consider joining me on this. It would be a highly satisfying way to burn a few calories, jackass!

1703 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6

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